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Industrial production grows 4.5 % in February

According to National Statistical Office (NSO) data, manufacturing sector output rose by 3.2 per cent compared to contraction of 0.3 per cent in the same month a year ago.

Updated on: Apr 9, 2020, 18:09:11 IST
New Delhi | By
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The country’s industrial output grew by 4.5 per cent in February, mainly on account of higher output in mining, manufacturing and electricity sector, government data showed on Thursday.

Electricity generation grew at 8.1 per cent as against a growth of 1.3 per cent in February 2019. Mining sector output grew by 10 per cent compared to a growth of 2.2 per cent earlier. (Photo by Sakib Ali /Hindustan Times)
Electricity generation grew at 8.1 per cent as against a growth of 1.3 per cent in February 2019. Mining sector output grew by 10 per cent compared to a growth of 2.2 per cent earlier. (Photo by Sakib Ali /Hindustan Times)

The Index of Industrial Production (IIP) had grown by 0.2 per cent in February 2019.

According to National Statistical Office (NSO) data, manufacturing sector output rose by 3.2 per cent compared to contraction of 0.3 per cent in the same month a year ago.

Electricity generation grew at 8.1 per cent as against a growth of 1.3 per cent in February 2019. Mining sector output grew by 10 per cent compared to a growth of 2.2 per cent earlier.

The IIP growth during April-February period of the last fiscal decelerated to 0.9 per cent from 4 per cent expansion in the same period of 2018-19.

 
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Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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